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HECM Trends June 2015
HECM endorsements saw a big jump in June thanks to borrowers acting ahead of Financial Assessment implementation: applying and receiving a case number prior to ...
- Filed Under: HECM Trends, Uncategorized
HECM Originators June 2015
HECM endorsements jumped 24% in June as borrowers rushed in before Financial Assessment rules would apply to their loans (all case numbers issued after April ...
- Filed Under: HECM Originators, Uncategorized
HECM Lenders July 2015
HECM endorsements fell 5% to 5,029 loans in July, but still represent the second highest level of the past 12 months trailing only last month’s ...
- Filed Under: HECM Lenders, Uncategorized
HECM Trends May 2015
For the country as a whole HECM endorsements declined -1.9% in the year through May, but as always some areas of the nation are doing ...
- Filed Under: HECM Trends, Uncategorized
HECM Originators May 2015
HECM endorsements dropped -4.9% in May, with wholesale/brokers bearing a slightly larger share of the decline at -5.4% compared to retail/direct at -4.6%. There were ...
- Filed Under: HECM Originators, Uncategorized
Surging Up – HECM Lenders June 2015
There are many ways to break a down trend, but few are better than the 23.9% growth in HECM endorsements seen in June. Overall volumes ...
- Filed Under: HECM Lenders, Uncategorized
Almost Growing – HECM Trends April 2015
April HECM endorsements were down a little from March but higher than a year ago, which brings the year to date tally to just -1.1% ...
- Filed Under: HECM Trends, Uncategorized
Topsy Turvy – HECM Originators April 2015
April marked the fourth month in a row with a split in business channel growth for the reverse mortgage industry. For April, Retail declined -6.3% ...
- Filed Under: HECM Originators, Uncategorized
Four Again – HECM Lenders May 2015
HECM endorsement volumes declined for the fourth month in a row, declining -5% to 4,273 loans in May. That’s the lowest level since September, but ...
- Filed Under: HECM Lenders, Uncategorized
March Moderation – HECM Trends March 2015
HECM endorsement volume dropped -1.7% in March, but that was less than the drop a year ago so the year to date volume decline moderated ...
- Filed Under: HECM Trends, Uncategorized
Flip Flop – HECM Originators March 2015
In February, the wholesale channel increased HECM endorsements in a down month for the industry overall, and now in March’s HECM Originators reports we’ve seen ...
- Filed Under: HECM Originators, Uncategorized
Little Dipper – HECM Lenders April 2015
HECM endorsements declined -3.1% in April to 4,497 loans from March. The decline was fairly broad based and reflects some weakness in fundings during the ...
- Filed Under: HECM Lenders, Uncategorized
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